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Debt to Equity Over Time
Valuation returning toward historical norms
Left:
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Debt-to-equity ratio

Latest
0.77
Near historical average
Average (9y)
0.75
Historical baseline
Range
High:0.98
Low:0.58
CAGR
+2.8%
Modest growth trend
PeriodValueChange
20250.77-8.9%
20240.85+6.6%
20230.80-18.4%
20220.98+5.7%
20210.92+16.2%
20200.80+25.4%
20190.63+8.9%
20180.58-1.6%
20170.59-2.0%
20160.60-